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Michael Kives, a former Hollywood agent, connected FTX’s founder to Katy Perry, Orlando Bloom, Bill Clinton and others. His firm got $700 million in exchange, a lawsuit claims.
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Bankman-Fried was previously charged with eight counts of fraud, money laundering and other charges over the collapse of the now-bankrupt exchange.
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A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day.
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A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day.
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A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day
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A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day
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On Wednesday, the SEC announced that it had settled civil fraud charges with two former top executives of the FTX empire, Gary Wang and Caroline Ellison, which used billions in FTX customer funds to back its very risky bets.
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A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day
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Hailed as next Warren Buffett, FTX founder Sam Bankman-Fried has been arrested in the Bahamas following the bankruptcy of the cryptocurrency exchange, whose dramatic collapse sent its more than a million investors and their billions of dollars down a sinkhole. Here's a timeline of events
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The FTX group's collapse appears to stem from absolute concentration of control in the hands of a small group of grossly inexperienced, non-sophisticated individuals
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Bankman and Fried are under scrutiny for their connections to a business that collapsed amid accusations of fraud and misuse of customer funds.
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A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day.
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In a live interview at The New York Times’ DealBook conference, Bankman-Fried blamed “huge management failures” and sloppy accounting for the collapse of his $32 billion company, which has sparked civil and criminal investigations.
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Bankman-Fried, who hasn’t been charged with any crimes, has denied trying to perpetrate a fraud, though he has owned up to grievous managerial errors at FTX.
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Michael McCaffrey of The Block website failed to report the loans to his team, who is livid about him compromising its credibility.
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In a statement late on Friday, the panel said it would hear from newly appointed FTX CEO John Ray and from Bankman-Fried, FTX's founder and former CEO, on Tuesday.
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2022 is been a bad, bad year for crypto - truly a 'crypto winter'. The collapse of FTX, in particular, shook the faith of investors. Have Indian crypto exchanges been impacted by the fall of FTX - and how are exchanges trying to rebuild the faith of crypto enthusiasts and keep them invested? CoinDCX CEO & Co-founder Sumit Gupta speaks exclusively to Moneycontrol - watch!
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The disgraced crypto boss and his inner circle ran FTX from the island nation.
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While there has been no material impact on Indian crypto exchanges, FTX’s plunge into bankruptcy has daunted investors.
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Crypto investments carry a higher risk, especially for an average investor, considering the big gaps in regulation, supervision and grievance redressal mechanism. Investors risk losing their money in such assets
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Roberto Dagnoni, a top executive at SoftBank-backed exchange Mercado Bitcoin, said the law had been "kind of dormant" during the election period but now needed to be a priority.
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The report comes after Voyager called off FTX's bid to acquire the company following its collapse.
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Hardware wallets are super-secure and are gaining traction among crypto investors after the FTX collapse
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The conversations between law-enforcement officials in the two countries have intensified in recent days as they probe his role in the implosion of cryptocurrency firm FTX.
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While the proof-of-reserves concept gains traction among custodial crypto exchanges in the aftermath of FTX’s collapse, investors ought to check if all liabilities are disclosed and accounted for before selecting a crypto exchange.
